SXP possible bullish or fall to a support price.
Well first of all how we can see in 6h charts the MACD is trying to turn bullish, but there is still no significant signal for this.
At this point I think that SXP is in a bullish that should have a small retracement, a nice bullish channel but in the 6h chart it tries to break towards a little higher than if we check in history it has already happened that it has rises, then falls a bit and doesn't necessarily correct and go bullish again
Exchange SXPBUSD 1d Binance
Price: 4.68| 4.51| 4.62
Vol: 1,668,816|3,983,342|3,227,557
ATR: 0.5971
OBV: 40.3 M| 38.7 M| 42.7 M
RSI: 59.09| 57.00| 58.79
MFI: 51.93| 52.31| 54.58
CCI: 21.03| 26.73| 38.26
WR%: -61.90| -84.12| -81.91
ADX: 35.04| 34.96| 34.87
MOM: Bearish Momentum
SMA: Price is Above SMA Bullish
ADI: +DI >DI BULLISH
MACD: Bearish
PSAR: Bearish
Support And Resistance
S: 3.09960000
S: 3.29300000
S: 3.49440000
S: 3.64480000
S: 4.08380000
S: 4.46650000
S: 4.62050000
R: 4.76980000
R: 5.02660000
R: 5.17540000
Volatility is very high
Well first of all how we can see in 6h charts the MACD is trying to turn bullish, but there is still no significant signal for this.
At this point I think that SXP is in a bullish that should have a small retracement, a nice bullish channel but in the 6h chart it tries to break towards a little higher than if we check in history it has already happened that it has rises, then falls a bit and doesn't necessarily correct and go bullish again
Exchange SXPBUSD 1d Binance
Price: 4.68| 4.51| 4.62
Vol: 1,668,816|3,983,342|3,227,557
ATR: 0.5971
OBV: 40.3 M| 38.7 M| 42.7 M
RSI: 59.09| 57.00| 58.79
MFI: 51.93| 52.31| 54.58
CCI: 21.03| 26.73| 38.26
WR%: -61.90| -84.12| -81.91
ADX: 35.04| 34.96| 34.87
MOM: Bearish Momentum
SMA: Price is Above SMA Bullish
ADI: +DI >DI BULLISH
MACD: Bearish
PSAR: Bearish
Support And Resistance
S: 3.09960000
S: 3.29300000
S: 3.49440000
S: 3.64480000
S: 4.08380000
S: 4.46650000
S: 4.62050000
R: 4.76980000
R: 5.02660000
R: 5.17540000
Volatility is very high
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.